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Al Jazeera Mubasher Misr closes with speculation general Mubasher channel will air from Egypt

  /  December 22, 2014  /  Politics  /  1 Comment

Al Jazeera Mubasher Misr, the Qatari news network’s live streaming channel focused on Egypt but airing from Qatari capital Doha, aired its last news brief Monday evening. The chann el’s official twitter account announced the read the rest…

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Metro ticket price will not increase: Metro spokesperson

  /  December 22, 2014  /  Business  /  No Comments

Cabinet sources attributed as saying metro tickets will increase from EGP 1 to between EGP 1.5 and EGP 3

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Trade deficit increases 70.9% in September year-on-year

  /  December 21, 2014  /  Business  /  No Comments

Deficit reaches EGP 27.9bn compared to EGP 16.3bn in corresponding month last year

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6 Middle East countries lose $35bn as impact of Syrian war and ISIS spread

  /  December 20, 2014  /  Business  /  1 Comment

Analysis suggests Syria and Iraq bear brunt of direct costs of war, losing 14% and 16% in per capita welfare, respectively

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EIPR calls for more budget transparency

  /  December 17, 2014  /  Business  /  No Comments

Budget transparency defined by disclosing more information on budget and providing simple and clear data for public to understand, EIPR study says

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Egypt exports to UK grow by 30% in 2014: Egyptian-British Chamber of Commerce

  /  December 16, 2014  /  Business  /  1 Comment

Egypt-UK trade volume expected to surpass $2bn for first time, chamber says

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10,000 Sudanese acres ready for Egyptian farmers: Sudanese Investment Minister

  /  December 13, 2014  /  Egypt, Politics  /  No Comments

Sudan is now adopting the open door policy for investments

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Chinese investors show interest in infrastructure ahead of Al-Sisi’s visit

  /  December 10, 2014  /  Business  /  2 Comments

Egyptian ministers propose projects to China, which Al-Sisi will negotiate during his visit

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Urban inflation declines to 8.5% in November

  /  December 10, 2014  /  Business  /  1 Comment

Consumer price index (CPI) falls by 1.7%

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International oil price reduction to save cash for Egypt’s budget: Economy professor

  /  December 9, 2014  /  Business  /  No Comments

Crude oil prices have slumped to lowest level in five years due to potential increased market supply

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Government delivered only 57 units from its 1m residential-unit project: EIPR study

  /  December 8, 2014  /  Business  /  2 Comments

Allocation for the project in FY 2014/15 state budget amounts to EGP 9.5bn in total

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“Significant progress” made in solving NUBASEED dispute: Saudi investor

  /  December 7, 2014  /  Business  /  1 Comment

Chairman of Saudi-Egyptian Businessmen Association says move will increase future Saudi investments in Egypt

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Saudi Shaheen Group invests EGP 500m in Egypt

  /  December 7, 2014  /  Business  /  2 Comments

Group Chairman says these investments will be directed to agricultural and solar projects

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Numerous public bank officials resign to protest maximum wage

  /  December 6, 2014  /  Business  /  No Comments

New maximum wage sets wages at 50% less than original wages, resigned NBE official says

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World’s 7th largest dairy firm drops Egypt’s Arab Dairy bid

  /  December 3, 2014  /  Business  /  2 Comments

Arla Foods explore alternative options to enter Egyptian market

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Local steel producers do not expect high profits in 2014: Egyptian Steel chairman

  /  November 30, 2014  /  Business  /  2 Comments

Value of government-imposed protection fees is low, Ahmed Abou Hashima says

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HSBC Group believes in long-term future of Egypt: Commercial banking head

  /  November 29, 2014  /  Business  /  1 Comment

Bank remains committed to business growth in Egypt, despite tough economic circumstances

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Egypt economy recovering after 4 years of slow activity: IMF mission chief

  /  November 26, 2014  /  Business  /  1 Comment

“There is growing national consensus on the need for economic reform”, says Chris Jarvis

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16th Conference of Arab Businessmen and Investors kicks off in Cairo

  /  November 23, 2014  /  Business  /  No Comments

Government claims a “legislative revolution” will attract investors

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Emirati company offers to manage investments in Egypt’s logistics project

  /  November 18, 2014  /  Business  /  No Comments

International consulting firm requests to participate in the project through establishing railway lines over 600km, supply minister says

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ITDA offers lands on usufruct basis for commercial, investment projects

  /  November 17, 2014  /  Business  /  No Comments

Minister of supply says authority to establish commercial and shopping city near Suez Canal development with EGP 40bn in investments

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NBE to fully automate risks management: Information Security director

  /  November 15, 2014  /  interviews  /  No Comments

Egyptian customers’ trust in banking technology will increase when the banks offer services with high security standards, Abeer Khedr says

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Shoukry discusses Libya developments with Emirati, Libyan counterparts

  /  November 15, 2014  /  Egypt, Politics  /  No Comments

Egyptian and Libyan foreign ministers discuss cooperation

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Al-Sisi approves €99m in loans, grants from EU and EIB

  /  November 12, 2014  /  Business  /  1 Comment

EU entities will give assistant packages to Egypt for sanitation project in Kafr El-Sheikh

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Wheat stock sufficient until March: Supply minister

  /  November 12, 2014  /  Business  /  No Comments

Egypt will receive 235,000 tonnes of wheat from France and Ukraine in December

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Egyptian exports fall 12.52% month-on-month

  /  November 11, 2014  /  Business  /  No Comments

October exports register $1.309bn

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EFG Hermes Q3 net profit exceeds EGP 100m

  /  November 11, 2014  /  Business  /  No Comments

The investment bank registers a 46% increase in annual operating profits to EGP 247m

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Banking Technology Summit kicks off with banks focusing on consumer security

  /  November 10, 2014  /  Business  /  No Comments

Demand growing for mobile banking and electronic wallets, says NBE

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Postponement of Economic Summit met with conflicting reactions

  /  November 9, 2014  /  Business  /  No Comments

Cairo University economics professor says instability of Gulf stock markets might be behind postponement

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UAE’s Aabar acquires 5.1% stake in Palm Hills Development

  /  November 9, 2014  /  Business  /  No Comments

Deal reflects Egyptian real estate sector’s ability to attract regional and international investment, says Palm Hills

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